Fitch Lowers Calif. Road to Junk Status

Finestone, Deborah
February 2002
Bond Buyer;2/6/2002, Vol. 339 Issue 31319, p1
Trade Publication
Reports that rating agency Fitch Ratings Inc. has downgraded $1.8 billion in debt sold by San Joaquin Hills, California's Transportation Corridor Agency. Ratings for the debts before and after change; Change in the rating of senior lien toll road revenue bonds issued by agency in 1993; Impact of the change in rating on the transportation agency; Reason behind the downgrading in the ratings of debts.


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